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    LB   US5017971046

L BRANDS

(LB)
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BATH & BODY WORKS, INC. : Other Events, Financial Statements and Exhibits (form 8-K)

09/08/2021 | 04:22pm EDT

Item 8.01 Other Events




On August 25, 2021, the United States District Court for the Southern District
of Ohio (the "Court"), granted preliminary approval of the settlement of the
stockholder derivative action captioned Rudi v. Wexner, et al., Case No.
2:20-cv-3068. The complaint in the case, and related litigation and
books-and-records demands (together with the Rudi case, the "Settled Actions"),
alleged that certain current and former directors and officers of L Brands, Inc.
breached their fiduciary duties through asserted violations of law and failures
to monitor workplace conduct. The Settled Actions were resolved pursuant to a
Stipulation and Agreement of Settlement (the "Stipulation").



Pursuant to the Court's Order granting preliminary approval of the settlement,
the company is publishing the Notice of Pendency and Proposed Settlement of
Derivative Actions (the "Notice"), attached hereto as Exhibit 99.1. The Notice
and Stipulation are available for review on the company's investor relations
website at
https://www.bbwinc.com/investors/resources/notice-of-pendency-and-proposed-settlement-of-derivative-actions.


Item 9.01. Financial Statements and Exhibits.




(d) Exhibits.



  Exhibit   Notice of Pendency and Proposed Settlement of Derivative Actions
99.1
Exhibit   Cover Page Interactive Data File (embedded within the Inline XBRL document)
104

© Edgar Online, source Glimpses

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Analyst Recommendations on L BRANDS
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Financials (USD)
Sales 2022 7 764 M - -
Net income 2022 1 132 M - -
Net Debt 2022 2 928 M - -
P/E ratio 2022 16,1x
Yield 2022 0,81%
Capitalization 17 155 M 17 155 M -
EV / Sales 2022 2,59x
EV / Sales 2023 2,40x
Nbr of Employees 57 350
Free-Float 89,6%
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Technical analysis trends L BRANDS
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Mean consensus BUY
Number of Analysts 20
Last Close Price 64,89 $
Average target price 82,05 $
Spread / Average Target 26,4%
EPS Revisions
Managers and Directors
Andrew M. Meslow Chief Executive Officer & Director
Wendy C. Arlin Chief Financial Officer & Executive Vice President
Sarah Elizabeth Nash Chairman
Chris Cramer Chief Operating Officer
Michael G. Morris Independent Director
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